Comment by microtonal
11 hours ago
Phone tap to pay is really handy and provides more security than physical plastic cards. It should just not be used by Apple/Google to block out competitors.
(Yes, I know banking apps can have their own tap-to-pay implementation on Android, but they all standardized on Google Pay because it's less work for them.)
How so?
Among many other things, with tap-to-pay you can use a different virtual card for every vendor, so that if it gets misused you can cancel it and know exactly which vendor mishandled it.